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WETA
Jul 9, 2010 1:00am EDT
lowest level since early may. late today, the u.s. treasury declined to label china a currency manipulator, citing that country's recent move to end the yuan's peg to the dollar. in a report to congress, treasury secretary geithner said what matters most is how far and how fast china's currency appreciates. meantime, interest rates are staying the same in the euro zone. the european central bank met today decided to join the bank of england in leaving its benchmark interest rate at an historic low. meanwhile, u.s. mortgage rates continue to drop-- the average rate on a 30-year fixed mortgage is at a record low 4.57%. and u.s. government scientists have made what could be a major breakthrough in the battle against h.i.v. they've discovered two human antibodies that can stop more than 90% of known global h.i.v. strains from infecting human cells in the laboratory. the breakthrough could be used to create improved vaccines and treat h.i.v. infections. >> susie: still ahead, the bond market's been on a tear recently. coming up, analysts weigh in on whether the run up in treasuries
WETA
Jul 27, 2010 6:30pm EDT
gulf of mexico and u.s. coastline, the company has a new leader and new strategy. the company's new chief executive, bob dudley, said change is coming, even though he's a longtime b.p. insider. >> we're going to learn a lot, and the industry's going to learn a lot, and there's no question that we will change as a company and from those learnings. >> reporter: included in those changes is an accelerated plan to raise cash by selling b.p.'s non-core assets, or less than 10% of the company's total business. the company is guessing it will need $32 billion to cover costs and liabilities from the spill, well below some worst-case estimates of $60 billion. still, analyst cathy milostan says, by disposing of assets b.p. hopes to show investors it can pay for the mess. >> we're starting to see what i call building blocks of being able to demonstrate that there is cash that they can access to cover oil spill costs. the issue here is, there's still a good deal of uncertainty as to what the future costs could be. that uncertainty continues to dog b.p.'s stock. the shares have plummeted 36% sin
WETA
Jul 6, 2010 6:30pm EDT
, especially in light of some recent weak data, susie, on the labor market and housing. >> susie: u.s. secretary timothy geithner told the pbs newshour, it is important to remember the financial crisis cut very deep with millions of americans losing their jobs. >> tom: while geithner acknowledges we have an enormous whole to climb out, he says the economy is healing. he spoke about strong exports and increased business development. and the treasury secretary spoke with the "news hour"'s jim lehrer. >> if it is going so well, why does it feel like it isn't going so well. >> the scars of this recession were traumatic. people saw the value of their savings plummet. a terrible blow to basic confidence. you're still seeing lasting effect of that damage on business confidence and how people feel about their basic lives. people, understandably, feel a little cautious and tentative. we've seen a little concern about europe wash across the economy. no recoveries are even and steady. what you can say today with confidence is we're in a much stronger position today than we were 18 months ago. mu
WETA
Jul 13, 2010 6:30pm EDT
, and continued to be some layoffs of our u.s.-based crews. >> susie: certainly there have been some economic consequences here. it seems like the latest moratorium is focusing more on the safety aspects. let's look at what ken salazar said about this yesterday. he said "i remain open to modifying the new deepwater drilling suspension. but industry must raise the bar on its practices, on deepwater safety, and the oil spill response." so has your company made any changes in its safety procedures to deal with these kind of situations? >> well, yes, we have. almost immediately we began reviewing the procedures that we had in place. we don't have a full accounting yet of what happened on the horizon, but from events and data that has been released, we were able to concentrate on key areas and make sure that we had adequate procedures, adequate training of pena people in those areas. additionally, the industry began several studies and made recommendations to secretary salazar on immediate steps that could be made to improve safety. i think most of those are in place already. probably on
WETA
Jul 16, 2010 1:00am EDT
wpbt >> tom: good evening. two big developments tonight concerning the u.s. financial system: the senate passed the most comprehensive financial reform bill since the 1930s. and susie, late today, goldman sachs settled its civil fraud case with the s.e.c., agreeing to pay more than half a billion dollars. >> susie: tom, we begin with that historic reform bill. it's designed to prevent financial crises in the future. the senate approved the legislation by a vote of 60 to 39. the president is expected to sign it into law next week. >> tom: the new rules will mean huge changes for consumers, and for banks across the country, from the big banks like j.p. morgan, citi, and bank of america to smaller regional firms. darren gersh reports. >> reporter: it's a safe bet school kids decades from now will be quizzed on the dodd- frank wall street reform and consumer protection act. they'll be asked about the new financial stability oversight council, and how it was empowered to identify and correct the kinds of risks regulators missed in the great recession; about the new consumer protection
WETA
Jul 1, 2010 6:30pm EDT
. >> reporter: economists say the recent skittishness in global markets is also making many u.s. firms cautious about their hiring and capital spending. and it's not just fortune 500 companies that are reluctant to commit to new workers. manager min tu of this new york city subway shop says he doesn't need any more help. >> now, we are not hiring. now, we have enough people for this business. last year is okay, but before we had four to five people. now is slower; four is okay. >> reporter: that trend is bad news for the u.s. economy, because small businesses typically are major job producers. economist thomas berner says small firms are not very optimistic about the prospects for future sales in the current economic environment. >> they're worried about where the cycle is going, like everybody, and that adds to their uncertainty on top of not being able to borrow money as easily or at the same rate as, for example, larger companies. >> reporter: hiring momentum may be slowing in the u.s., but most experts do believe companies will continue to add jobs to their payrolls this year. the
WETA
Jul 28, 2010 12:00pm EDT
. >> we talk to greg mortenson, a man who knows afghanistan and pakistan well and who the u.s. military is increasingly listening to. >> i think one of general mcchrystal's legacies is that the elders really felt that we were there to listen and help them. although he was called the architect of the kandahar operation, which means hope in pashto, which was supposed to materialize, he, by the means of the elders, was advised not to do this operation. >> charlie: pakistan's ambassador to the united states, and greg mortenson. next. funding for charlie rose was provided by the following. ♪ >> additional funding provided by these funders. >> and by bloomberg. a provider of multimedia captioning sponsored by rose cmunications from our studios in new york city, this is charlie rose. >> charlie: in the first public reaction, today, to the leaking of the documents about afghanistan and pakistan, president obama said that he was concerned about the leaks but there was no new information coming from them. >> while i'm concerned about the disclosure of sensitive information from the battlefield tha
WETA
Jul 28, 2010 7:00pm EDT
pakistan's u.s. ambassador about the airliner crash that killed 152 people, and she examines u.s./pakistani relations after the leak of thousands of secret military documents. >> ifill: we ask environmental engineer nancy kinner to track what's happened to the oil in the water. 100 days after the gulf disaster. >> lehrer: and spencer michels tells the story of a one-man mission to help clean up the oil in louisiana. >> a private individual has taken it upon himself to try to protect the barrier islands in the gulf of mexico. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> this is the engine that zero emission technologies to breathing a little easier, while taking 4.6 million truckloads off the road every year. bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting
WETA
Jul 9, 2010 8:00pm EDT
take them to one of the new york airports to be transported to moscow. >> as the u.s. strikes a deal with the former enemy, it mends fences with an old friend. >> the bond between israel and the united states is unbreakable. >> the bond between the united states and israel is unbreakable. >> while on the domestic front, republicans and democrats look for a little mojo. with the president on the campaign trail -- >> hello, nevada, hello kansas city! >> carnahan wants to move forward. missouri wants to move forward. that's the choice in this election. moving backwards or moving forwards. >> as republicans debate among themselves, who speaks for the party? >> every time something happens, you know, people say oh, step down. well, the reality is that's not happening. so stop the noise on that. >> you don't want to mess with me. >> i'm joined by pierre thomas of abc news, christi parsons of "tribune" newspapers, john harwood of cnbc and "the new york times," and john dickerson of "slate" magazine and cbs news.>> award-winning reporting and analysis, covering history as it happens. live fr
WETA
Jul 15, 2010 1:00am EDT
years for the u.s. economy to fully recover. tom, that's the federal reserve's revised forecast for the economy, released today along with the minutes of its june meeting. >> tom: and susie, the fed is also painting a weaker picture for this year. policymakers predict the gross domestic product will grow between 3% and 3.5% in 2010. in april, policymakers were more optimistic, expecting growth of as much as 3.7%. >> susie: tom, the fed blamed "economic developments abroad" for the change in its economic outlook, but economist anthony chan worries the central bank's growth projections are still off. >> i think an argument could be made that when you look at the growth band that the federal reserve has, that it's still fairly optimistic. a 3% number on the low side is still pretty high. i think that if there is a surprise, it could still be to the downside of that 3% number. >> susie: now, no signs of growth today from the retail sector. june sales at the nation's retailers fell 0.5%, much weaker than economists expected. but excluding autos, sales were down only 0.1%. those sluggish sale
WETA
Jul 27, 2010 6:00pm EDT
so in penalties will be payable to the u.s. government. >> one of the criticisms is that, after the explosion, you were a bit to focus on the financial impact and not on the human tragedy of the individuals who lost their lives. >> in every crisis, there are things of that i could have done differently. once we are through all of this, we can look back and draw conclusions and learn from this. >> no questions at all, please. >> if the blow on the right cannot answer questions about the bp future, maybe those who have pension funds should worry. >> another story that involves bp, the u.s. senate committee investigating the release of the only man convicted of the lockerbie bombing has put off the hearing is scheduled for thursday. robert menendez, who was about to take care, has announced the postponement because key witnesses have refused to appear. he was very critical. >> it is utterly disappointing. it is pretty outrageous that's none of the key witnesses will cooperate with our request to answer questions before the senate foreign relations committee. the have stonewalled. each
WETA
Jul 29, 2010 6:30pm EDT
>> susie: they're the foundation of the u.s. economy, but today a bill to boost lending to small businesses and increase hiring hit a wall in the senate. still, business owners say they need the help. >> i don't want to hire somebody and have to lay them off if work slows down. >> tom: we'll tell you what's holding her and others back from hiring. you're watching "nightly business report" for thursday, july 29. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening everyone, a big setback for small business tonight. senate republicans blocked a $30 billion plan to boost lending for the nation's small businesses. tom, president obama was counting on this bill to create jobs. >> tom: susie, the legislation also would have provided $12 billion dollars in tax breaks, but opponents argued it was just another expensive program packed with extra spending. >> susie: this impasse
WETA
Jul 13, 2010 7:00pm EDT
: the u.s. trade deficit hit an 18-month peak in may. the commerce department reported the trade gap widened nearly 5% to $42.3 billion. imports and exports were up, but the import surge indicated consumers could spend more down the road. that news, combined with good second quarter earnings reports, translated on wall street. the dow jones industrial average gained more than 146 points to close at 10,363. the nasdaq rose 43 points to close at 2,242. b.p. prepared to begin gradual tests of its new, tighter containment cap on the blown-out oil well at the bottom of the gulf of mexico. for the first time in months, news about the efforts to contain the spill struck a positive note. >> it's been a very consequential 24 hours in the lifecycle of this response. >> sreenivasan: the freshly installed cap maneuvered into place monday evening. remote-controlled robotic arms slowly placed it over the gushing well, a mile below the gulf's surface. retired coast guard admiral thad allen is in charge of the government response. >> i think we are very confident we can take control of this hydrocar
WETA
Jul 21, 2010 7:00pm EDT
fallout from accusations of reverse racism at the u.s. department of agriculture, as with newshour political editor david chalian, the administration apologizes to a fired employee. >> lehrer: plus, a tom bearden oil spill report on the dispute over how to block the flow of oil into threatened tidal estuaries in louisiana. >> woodruff: and, on this 60th anniversary of north korea's attack on the south, jeffrey brown revisits that first hot conflict of the cold war, and explores its continuing legacy with warren wiedhahn, a u.s. marine veteran of the war, plus historians michael beschloss and alex roland. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff:
WETA
Jul 19, 2010 6:30pm EDT
in early june about $3 billion has not been spent. over that same month interest on the u.s. debt in june was $107 billion. we seem to be, you know, talking about spending pennies or saving pennies when we're spending dollars. >> i totally agree. it's a very small amount of money. the fact that it's a very small amount of money also means that any possible effect in stimulating the economy is also very trivial because we're talking about a very small amount of money. the broader thing is it creates the wrong incentive. there's clear evidence that people who are unemployed tend to leave unemployment just before their unemployment benefits run out. it's not just a question... it's not the right way to think about is it are their jobs the right way is are there jobs at low wagers? there would be a lot more jobs out there. that's the adjustment that needs to happen in many cases. but ununemployment insurance and especially very, very long- term unemployment insurance impedes that kind of adjustment. >> tom: christian, i want to.... >> that's.... >> tom: aaddress that job demand issue. >>
WETA
Jul 28, 2010 6:00pm EDT
help india build 57 new trainer jets. feel to this message. it comes after the leaking of u.s. documents that accused pakistan intelligence of hoping insurgents in afghanistan. >> india and pakistan have a very complicated relationship. with the prime minister of britain to make this a statement in india seems to suggest partiality. >> this is not the first time david cameron has indulged in plain talking on foreign soil. yesterday's description of gaza as a prison camp was frank, too. he is establishing his own reputation in britain as well. on the ground in delhi, it is clear that pakistan will be on the table on talks between the prime minister and his indian counterpart tomorrow. david cameron has shown he is not shy of trying to set the agenda. bbc news. >> 100 days since the deep water horizon rig exploded in the gulf of mexico and triggered the worst oil spill in american history. oil is now clearing from the surface of the ec faster than expected, according to experts. -- from the start se of starta -- from the surface of the sea. st8 b)people have been killed n roads
WETA
Jul 28, 2010 6:30pm EDT
u.s. response to the financial crisis probably prevented a second grace depression. the report estimates g.d.p. today would be much lower today. the economy would have lost an additional 8.5 million jobs, and we would have deflation instead of low inflation. joining us now are the two leading economists, alan blinder and moody's mark zan. >> thank you. >> to the fed's purchase of mortgage-backed securities. which was the most important for the economy. >> it also included the fiscal stimulus. somewhat to our surprise, we didn't know going into the work, at least according to this model, the panoplyia of financial policies, including the things you mentioned and other things were more important qon quantitatively than the stimulus, the tacks rebates of 2008 and so on. >> suzanne: makers, not all of the policies have worked as well. in particular, the loan modifications are not working necessarily. how do we fix housing, do you think? >> well, you're right. i think it's -- as you put it, if you rank the order of the different policy responses, the mortgage foreclosure efforts hav
WETA
Jul 4, 2010 9:00am EDT
much. good luck. >> thank you. >> executive director of the u.s. energy association. welcome to the broadcast, barry. how are you? >> i'm very well. >> the u.s. energy association is just that. all kinds of electricity, cole, etc., uranium. and it's part of a larger organization. >> that's right. absolutely. >> that is having a big meeting many montreal? in montreal in september. >> from montreal to september it will be outstanding. >> what does it mean to order people? >> it means that you bring global leaders to the energy business that affects every single person in the world. certainly the united states to bring global energy leaders together. for them to talk to the issues of the moment, share ideas, force creative solutions to the challenges. >> how come? we are told these days the world is steeling a march on the u.s. that the nuclear vendors, with the exception of general electric in this country are earned by the japanese. that we don't have the engineering capacity. that we're behind this and that and other things. is that true? >> well, it's partly true. >> we have in the
WETA
Jul 4, 2010 2:00pm EDT
, a bit of background. narrator: for decades, the u.s. had more college graduates per capita than any other country but that's not the case anymore. america now ranks 10th among industrialized nations in college attainment by 25 to 34 year olds, those who have completed at least an associate's degree. that's behind canada, japan, korea and several european nations. and giants such as china and india are gaining on the u.s. as they are making extraordinary investments in higher education with the potential to alter the global distribution of skills. the model of the u.s. as the leader in innovation technology may be slipping, as those other countries gain the knowledge to compete. barack obama: by 2020, america will once again have the highest proportion of college graduates in the world. narrator: but it is college for everyone? and do you need a college degree for the jobs that are out there? a recent report noted that of the 30 fastest growing occupations, only seven require a bachelor's degree or higher. there are about 9 million students enrolled in four-year colleges in the u.s.
WETA
Jul 22, 2010 12:30am EDT
makes 80% of the c.p. u.s, the brains of the personal computers. >> tom: here is what we're watching for tomorrow: we'll take a look at the june existing home sales. and a busy day, including 3m, at&t, catepillar, microsoft, and u.p.s., to name a few. and will this charging station be a way to fill up in the future? it is one way the government is urging consumers to buy electric cars. we'll explain. >> suzanne: conrad black is now a free man. he walked out of a florida prison, released a day after the judge set bond at $2 million. $are, however, some restrictions: he can't leave the u.s., and must return to chicago for a bail hearing on friday. in 2007, black and three other former executives of hollinger international were convicted of defrauding shareholders of $6 million. he has been behind bars for two years while he appeals that conviction. >> tom: a lawsuit against capitol one is charging forward. a lower court dismissed the case, but today an appeals court reinstated it, saying that capital one could not prove it made the required rate hikes to that consumer. neither side has
WETA
Jul 16, 2010 8:00pm EDT
last year. gwen: this is u.s. forces we're talking about? >> yes. u.s. forces, casualties. i went with a general and one of the first things we did is went to a memorial service for a 20-year-old soldier and i couldn't help sitting there thinking, a 20-year-old soldier who was 11 years old when this war started. gwen: wow. >> so saw that really first hand. >> is there anything you saw in the training, so much of this depends on the ability to stand up this very wobbley afghan force. was there any good in the training you saw there? >> yeah. i have the comparison to iraq so i can look back and think they've really come a long way in what they're doing and how they're doing it. but at the same time some of the are you -- recruits they're getting, one of the officers said to me they can't shoot, they can't drive, they can't read. they were doing the most rudimentary training you can ever do. driver's training the they can't read license plate numbers if they're going out to be police officers in the local areas. i think the training is going well. it's just that we're so far behind b
WETA
Jul 16, 2010 12:30am EDT
in u.s. history. fishing has been decimated by the spill at time when fishing around the world is in jeopardy. paul greenberg is a contributor to "new york times" magazine and the author of a new book on the subject called "for fish." and former advisor to general petraeus, david kilcullen. on wednesday alone eight more american soldiers lost their lives in combat. we're glad you joined us. paul greenberg and david kilcullen coming up right now. >> all i know is his name is james. he needs extra help with his reading. >> i'm james. >> yes. >> to everyone making a difference. >> thank you. >> you help us all live better. >> nationwide insurance proudly supports tavis smiley. with every question and every answer, nationwide insurance is proud to join dallas mavericks in removing financial literacy and the economic empowerment that comes with it. nationwide is on your side. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] tavis: paul greenberg is a contributor to "new york times" magazine, his latest bo
WETA
Jul 2, 2010 6:00pm EDT
gang at convicted of murdering a u.s. consulate workers and her husband. the suspect has admitted organizing the killing, saying the american was targeted because she issued visas to a rival gang. a priest accused of helping orchestrate the 1994 genocide in rwanda has been arrested. jean-bosco uwinkindi was on indicted in 2001 by a u.n. tribunal. at there was a 100-day slaughter. amnesty international has challenged the official chinese version of events in xinjiang. china blamed the violence on the ethnic uighur population. amnesty international says security used unnecessary force, followed by mass arrests, disappearances, and torture. suicide attackers have stormed the compound of american aid organization in afghanistan. the dawn assault in a northern city killed at least four people, including three foreign workers. bombers and gunmen fought for six hours until all the attackers were killed. that was just hours before general david petraeus arrived in afghanistan to take charge of nato forces. as the u.s. commits more money and troops, britain's prime minister has been saying
WETA
Jul 1, 2010 6:00pm EDT
cold war revival. with the u.s. voicing it's disappointment. christopher materials has led to the refusal of bail for the russians in custody. married couple will stay in jail for two weeks and the rest of the illegals have had the hearings delayed. with a diplomatic public so set there are now efforts from both sides to display openness and cooperation. there's reports that one of the men arrests has now amended he worked russias foreign intelligence story. it's harder for diplomats to play town the story reading like a spy novel. >> two days ago. a world bank said kenyas is one of the most corrupt in the world. they voted to increase their salaries and an allowances to 126 thousand dollars a year. the prime minister could take more than president obama not bad consider most people in kenya make less than a dollar a day. naomi campbell and forced to give testimony. prosecutors say she was given a blood diamond by mr. taylor using diamonds to fund the civil war in sierra leon. a large part of the collection and gallery will be donated to the nation. he'll create a museum for conte
WETA
Jul 21, 2010 1:00am EDT
better than 8%. its earnings come out a week from tomorrow. u.s. steel is due out a week from today, and thursday, nucor earnings will hit the street. u.s. steel and nucor are at one- month highs. bank earnings clouded the market early on and there's a few more to come. goldman's drop in profits from a year ago was not a surprise, but making the drop larger was its big settlement with the securities and exchange commission over disclosure in a mortgage bond derivative deal. shares were climbing, though, rallying to their highest price since last april. state street bank saw a bigger rally, jumping almost 6%. shares are up 20% since earlier this month, when it said its second quarter was stronger than anticipated back then. and here are the results. stronger fees for its asset management business fueled the rise in profits, as earnings matched its guidance given two weeks ago. three more banks are due to report earnings tomorrow-- wells fargo, morgan stanley and northern trust. it was a mixed performance for these three. healthcare was the leading losing sector, with johnson & johnso
WETA
Jul 15, 2010 6:00pm EDT
the oil well. sweeping financial reforms in the u.s. congress passes the president's plan for regulation of the banking industry. the vatican titans regulations dealing with the abuse of children by -- titans regulations dealing with the abuse of children by priests -- tightens regulations dealing with the abuse of children by priests. welcome to "bbc world news," broadcast to our viewers on pbs in america, also around the globe. my name is mike embley. coming up later for you -- a special report from jerusalem. how is really activists are offering large sums of money -- israeli activists are offering large sums of money to -- take that is reforming and this time robbie williams is with them. hello to you. bp has declared the flow of oil into the gulf of mexico has been stopped. 85 days since the first news back in april of an explosion on the deepwater horizon rig. eight workers died, and the leak is now widely seen as the worst american environmental disaster began. bp hopes to fix the problem properly within weeks. we have this from washington. >> this is the view of the de
WETA
Jul 20, 2010 12:00pm EDT
straight along with the u.s. agenda. so these are the kind of things that have to be thought out very very clearly. one of the kind of no-brainers in things where i would encourage people to put money is in rubble clearing. >> this is jean baptist and this was one of the main streets. this is the area we're working on clearing now. >> this corner, people stay here like late at night. they're having fun here, there was a t.v. here, there was water here, but most of the people used to hang out here. >> so this was like the town square. >> exactly. >> rose: time after time when ski people about haiti, that's what they say, you need to get rid of the rubble. >> you'll do no harm by clearing the streets to let the haitian people make their own country. >> rose: could they have cleared it much better? and if they didn't, why not? and going forward how do you get it done? >> yeah, i think... you know, there's been a lot of tug-of-wars between the government of haiti and the international aid organizations. >> rose: included the united nations. >> included the united nations. i think tha
WETA
Jul 15, 2010 12:00pm EDT
underachieved at the master's and the u.s. open this spring. he failed to break par at any round of the at&t national two weeks ago. joining me from los angeles is jim gray, a long-time sportscaster and contributing to the golf channel. i am pleased to have him on this program. size up this british open. i love the fact that justin rose is on a roll. i love the fact that westwood has won. >> well i think you hit it right there. justin rose is the hot golfer, he's one twice, almost three times. he had an opportunity to win a third tournament and, of course, he won very big the at&t a couple weeks ago and he has been playing some great golf. of course we remember when he broke on the scene at the british open back in 1998, he was just a young man at 17 at royalbergdale and he struggled up until this year and now he has it going. lee westwood is one of the best golfers in the world. unfortunately he has a calf problem. he said today he probably wouldn't be playing in this championship if it weren't the open so he's down. but we also have rory mcelroy who won at quail hollow where tiger
WETA
Jul 16, 2010 7:00pm EDT
health care overhaul. west virginia is getting a new, temporary u.s. senator. governor joe manchin today tapped carte goodwin, his former general counsel. he's 36 years old. goodwin will succeed the late robert byrd, who died last month at the age of 92. the state legislature is likely to call a special election in november. goodwin is expected to step aside so that governor manchin can run for the final two years of byrd's term. apple moved today to address the so-called "death grip" problem with its latest iphone. users have reported that holding the phone with your bare hand can obstruct part of the antenna and muffle the signal. apple c.e.o. steve jobs announced buyers will get free protective cases to fix the problem. he spoke at company headquarters in cupertino, california. >> we're not perfect. we know that. you know that. and phones aren't perfect either. but we want to make it-- make all of our users happy. and if you don't know that about apple, you don't know apple. >> sreenivasan: jobs also said only five of every thousand i-phone users have reported any problems, and
WETA
Jul 4, 2010 10:30am EDT
immigration law that goes into effect later this month. >>> at her confirmation hearings this week, u.s. supreme court nominee elena kagan faced questions about her views of abortion, same sex marriage, and the separation of church and state. when pressed by senators kagan offered little insight into how she would rule on the proper relationship between religion and government. if she is confirmed, hers would be a crucial vote in religion cases which often split the court. >> the supreme court wrapped up its current term this week with 5-4 ruling in a case closely watched by religious groups. it pitted a publically-funded law school's policy of no racial, religious or sexual discrimination against a christian group's claim that it should be able to discriminate regarding its members and their beliefs. as tim o'bryan reports, the law school won. if a group there discriminates, it cannot receive public support. >> the court ruled that the university of california's hastings college of the law could deny funding and access to school facilities to the local chapter of the christian legal so
WETA
Jul 9, 2010 8:30pm EDT
rivals the prime minister. separately, she talked to them, pushed them, and the message was the u.s. -- >> do you think he advanced it? >> he feels strongly he does. the clear message of this trip to is that the obama administration has no intention of deviating from the deadlines they have put, including august 31, when the combat mission ends and the next day, it stops being operation iraqi freedom, it becomes operation new dawn, and they get a new general an ambassador. >> let me ask about another new dawn, the relationship between barack obama and netanyahu. how is that working out? >> charles probably knows this because he knows netanyahu. my sense, just watching it from afar, is that both these guys have to figure out is not in their interest to have a public fight, so they are not having one. >> i will wait for charles' wisdom on this, but i watched the two of them protest about how cordial and unbreakable and unchangeable the relationship was between the united states and israel as we have watched it change in the past 18 months. i was struck by john mitchell's. dictum, watc
WETA
Jul 14, 2010 12:30am EDT
throw them all into the category of distractions because they could be. there reggie bush bashing u.s. see story, and maybe even the victory itself -- the reggie bush-usc story. with those and the other distractions in the off season? >> i think, number one, you go back to being on what we just talked about. you lean on leadership in the locker room, and we are a team that since we began in 2006, we have been displaced for a week in indianapolis. we played over in london, england, for one week. we are a team that has been able to handle that spotlight, if you will. this was our goal beginning in 2006, to be successful, and knowing that with success comes just what you are talking about, be in the vicodin issue that came up after the end of the regular season, certainly with usc, andcase involving then clumping what is i guess the super bowl hang over potentially together, i think you come right out and discuss those things and talk about being special and once again leading strongly on the character in the locker room and the leadership in the locker room and studying closely history
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Jul 19, 2010 12:00pm EDT
, of "u.s. news and world report." when we come back. funding for "charlie rose" was provided by the following. ♪ captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> charlie: goldman sachs, the giant wall street firm has agreed to pay $550 million in a settlement with the sec, the penalty to the firm worth only 1% of its net revenues of $45.2 billion last year. news of the settlement came on the same day the senate approved a major financial regulatory reform package which president obama is expected to quickly sign into law. goldman shares up 0.66% as trading closed today. joining me to talk about these developments andrew ross sorkin of "the new york times," roben farzad of bs week and william cohan contributing editor of "fortune" magazine. what does this settlement mean? >> this is what some people call a win-win in that the s.e.c. has to tell main street they've won, they have $550 million which sounds like a lot of money but on wall street there is a complete disconnect, which is that $550 million is a lot less than anybody
WETA
Jul 27, 2010 12:00pm EDT
in the last couple of moments that a lot of this information is not really new, that u.s. government officials have said some of in same information. >> yes. i said ther there weren't any nw revelations in the material. >> how about our national security if we knew this already? >> well, because you have got -- it is no not the content as much as it is there are names, there are operations, there are logistics, there are sources, all of that information out in a public way has the potential to do harm. >> made it a point that wiki is not an objective news outlet but an organization that opposes u.s. policy in afghanistan, could you explain how that is relevant to the accuracy of the documents. >> i think that the -- i think that the founder of wiki leaks if i read the interviews correctly today comparing troops in afghanistan to the secret east german police is certainly something that we would fundamentally disagree with and something that has somebody that clearly has an agenda. >> rose: joining us now, two coauthors of the new york story, chief correspondent in pakista
WETA
Jul 12, 2010 7:00pm EDT
polanski from electronic monitoring after rejecting extradition requests by the u.s. government. the u.s. south custody of polanski for fleeing the country in 1978 without serving his sentence after admitting he had sex with a minor. the 76-year-old had been under house arrest in his swiss chalet since december of 2009. a gunman opened fire at a manufacturing facility in albuquerque new mexico killing at least two people before turning the gun on himself. police described as a domestic violence suit. part of the city of albuquerque was shut down as a precaution. >> because of the multiple reports and people running from the building we have received reports that there may be a second gunman. we do not believe there's a second gunman. we believe this is a second individual. however, just to be safe we have locked down the entire part of the city . >> sreenivasan: 85 employees were in the building at the time of the shootings. four others were wounded. the american society of clinical oncology issued new guidelines today for the use of hormone-based breast cancer drugs. they advised mo
WETA
Jul 21, 2010 11:00pm EDT
influence over such a wide realm as time geithner has, but the u.s. economy is still struggling. unemployment is painfully high. all eyes are now on the administration as it turns to explaining what this bill is all about and how it helps americans. i'm pleased to have secretary geithner with me on this day. welcome. >> nice to see you, charlie. >> charlie: this bill. what does it do? >> i think you have to start by looking at the basic failures that led to the crisis. after the great depression, we put in place the strongest protections over our financial system and they helped lay the foundation for decades of investment innovation growth on a scale you hadn't seen any other major economy deliver over time, but we let the moss accumulate, the rust develop and we let an entire parallel industry of people in the business of finance -- mortgage brokers, pay-day lenders, large investment banks and large insurance companies -- operate outside of those basic constraints without the basic protections the system needs to function well to make sure it's providing finance for companies,
WETA
Jul 1, 2010 12:30am EDT
june numbers from uncle sam that are due out friday include government workers. the u.s. house is close tonight to passing a final version of the financial reform bill. the vote began as we went to air and comes after democrats stripped out a $19 billion tax assessment on banks to win some republican support. still, republican opponents say the bill will lead to tighter credit, while democratic supporters say it's badly needed in the wake of the financial crisis. >> this legislation is a clear attack on capital formation in america. it proports to prevent the next financial crisis, but it does so by vastly expanding the powers of the same regulators who failed to stop the last one. >> this is an opportunity to ensure, to the extent that we possibly can, that this tragedy, to so many millions of families does not happen again. >> tom: the senate won't take up the bill before mid-july. still ahead on the program, the recession has been tough on america's next generation. so-called gen-y is leaving college with few job prospects, but they're surprisingly optimistic. >> susie: he's the man
WETA
Jul 5, 2010 6:30pm EDT
viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. the u.s. financial markets were closed to mark independence day. so tonight we'll take a break from our usual reporting to take a look at the state of the economy and the markets at the year's half-way point. >> tom: susie, it's often said that the financial markets hate uncertainty and over the past six months, there was plenty of uncertainty about where the economy was headed. there was even some talk about the possibility of a double-dip recession. >> susie: and as midwest bureau chief diane eastabrook reports, the lack of clear economic signals made it hard for many businesses to plan ahead: >> reporter: kidsnips gives a lot of haircuts. it's a business that operates nine hair styling salons in the chicago area, catering mostly to children. but last year, kidsnips took a haircut itself-- a financial one that is. when the u.s. economy blew up, kidnsips' business did, too. owners kim stolz and jill gordon say cash-strapped customers got fewer haircuts. they bought even fewer of the toys and
WETA
Jul 29, 2010 6:00pm EDT
." >> at the u.s. steps up efforts to find those behind a leak of military secrets. presidents karzai say it puts afghan formants in danger. >> we consider that concern -- we consider that extremely irresponsible. >> the british prime minister and his trip to india defending his comments about pakistan's record on tackling terrorism. we report from the heart of the terrorist threat -- a town plagued by suicide bombings. >> people tell us is important that we should not say -- should not stay in any one place for about 20 minutes for our own safety. it has become one of the most dangerous places in pakistan. >> welcome to "bbc world news" broadcast on pbs in america and also around the globe. coming up later for you -- a french woman admits killing eight of her newborn babies, trying to hide the births from her husband. and the new starlet of indian cinema with a famous father talks about turning jane austen and to a bollywood blockbuster. >> in the first afghan government reaction to the wikileaks investigation, he said at the week's show the enemy is and pakistan. in one of his strongest
WETA
Jul 8, 2010 7:00pm EDT
complex u.s.-russia spy swap was underway late today, involving ten russian agents here and four people convicted of espionage in russia. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we get the latest on the action in a new york court today and look at russia's deep-cover spy program. >> lehrer: then, we talk to white house chief of staff, rahm emanuel. >> woodruff: tom bearden reports from the gulf of mexico, where scientists are turning to tiny microbes to help clean up oiled marshland. >> lehrer: margaret warner examines the pentagon's new rules for dealing with the news media. >> woodruff: and jeffrey brown has a conversation with jean- michel cousteau about his famous father-- ocean explorer jacques cousteau. >> when people ask what do you expect to find? he would always say if i knew, i wouldn't go. so it was the sense of discovery which is, obviously, related it to adventure. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> this is the engine that connects abundant grain from the american heartland
WETA
Jul 7, 2010 6:00pm EDT
this man convicted of spying in the west in exchange for suspects arrested in the u.s.. some of the world's most influential scientists are cleared of hiding key data to exaggerate global warming. welcome to "bbc world news," broadcast on pbs in america and around the globe. coming up later, they are blind and deaf, and this is really theater group is a big hit on broadway and in london. and spain celebrants' making it to the world cup final, beating germany 1-0. -- and spain celebrates making it to the world cup final, beating germany, 1-0. >>> hello. britain has confirmed its troops are being moved out of an afghan province of homeland, where the have taken heavy casualties. 1/3 of all british losses have been in helmand province. american forces will take over in far greater numbers, described officially as the redeployment. the taliban as likely to portray it as a victory for them. frank gardner has this report. >> more than 90 britons have died fighting here. it is by far the most dangerous place to serve, or roadside bombs and cyprus and the cliffs eclipsed much of the progres
WETA
Jul 27, 2010 7:00pm EDT
. president obama led a chorus of concern over the huge disclosure of classified u.s. military documents about the war in afghanistan. >> ifill: and i'm gwen ifill. on the newshour tonight, two takes on the document dump. first, senators jack reed and kit bond assess what it could mean for the war effort. >> lehrer: then, judy woodruff talks to david leigh of the "guardian" and media watcher alex jones on the journalism impact. >> ifill: holly pattenden of "business monitor international" in london looks at the corporate shake-up at b.p. >> lehrer: tom bearden reports from the alabama gulf coast on kenneth feinberg and the complicated mission of compensation. >> and the lead is still tied up they still compensation hasn't been forth coming. >> when i was a young person working in these places, didn't see a way out. and i certainly didn't think the way out would be this. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the
WETA
Jul 12, 2010 6:30pm EDT
those firms got hammered duringÑi the recession butc u.s. economy'sñr recovery.ñté:uk report, the sector faces some uncertainty for the rest of the year. >> reporter: the basic materials sector could be the comeback kid when firms report second-quartfbñr earnings. companies in that sector make everything from steel4p!o . thomson reuters estimates profits for the 32 basic materials companies in the s&p 500 index will top $6 billionÑi in the secondÑi quarter. that's nearly double what they made a year ago during the depth of the reception when-- recessionçó when some basic materials companies lost money. analysts say the segment is benefitting from the u.s.e@6hce they also admit the recoveryñr has been anemic. that isçóÑi reflected in the dow jones u.s. basic materials sector index.1f itÑi took off in the beginning of the year as factory orders increaseÑi on signs theçó economy was improving.Ñi butÑi theñr index tanked in theú crisis in europe could spread here.Ñi kimberlieñr dubord follows it for briefing.com. she says the sector has been improving in recent we
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